Long-term care facility loan fund - Continuing appropriation
N.D. Cent. Code § 6-09.16-02
in effect6-09.16-02. Long-term care facility loan fund - Continuing appropriation
A revolving loan fund must be maintained in the Bank of North Dakota for the purpose of
making loans to nursing facilities, basic care facilities, or assisted living facilities for renovation
projects.
All moneys transferred into the fund, interest upon moneys in the fund, and collections of
interest and principal on loans made from the fund are appropriated for disbursement pursuant
to the requirements of this chapter.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t06c09-16.pdf#nameddest=6-09p16-02Fetched: 10/16/2026
